DOHERTY SLAMS GOVERNMENT OVER LOW TAXES FOR MEGA-RICH AMERICAN COMPANIES

first_imgSinn Féin Finance Spokesperson Pearse Doherty TD said the Irish Government ostrich mentality was responsible for Ireland’s tax reputation being damaged. Deputy Doherty was responding to comments from US President Barack Obama concerning Ireland being a low tax jurisdiction in use by US companies trying to avoid. “It’s two years now since an investigation in the US heard sworn testimony from the heads of Apple that Ireland had allowed the company a special tax rate ensuring an incredibly low effective tax rate. But talk of Ireland being a channel for aggressive tax planners has been rumbling on for a while,” said the Donegal TD. “The response of the Irish Government, and of Fianna Fáil and establishment agencies has been to deny, deny, deny. They seem to see this as some sort of perverse patriotism, when in fact in it this ostrich approach that has left Ireland exposed and potentially under threat of job losses. Multinational companies have made an invaluable contribution to the Irish economy and it is vital that we keep their revenue and the jobs created – but also, that we are aware if any event or sequence of events has the potential to threaten investment in Ireland and that we cancel the threat, or plan for it. That’s good governance.“Already, at Sinn Féin’s request, an Oireachtas sub-committee was established to examine Ireland’s role in international tax laws. However the refusal of other party representatives on the committee to invite in business leaders for questioning severely undermined the committee’s ability to function.“Last year I also presented the Government with legislation to ensure Irish incorporated companies, non resident anywhere in the world, would be considered resident in Ireland for tax purposes. The Irish Government refused to accept the legislation, claiming there was no problem, but months later introduced a watered down clause in Finance Bill 2013. After intense pressure for our party and other responsible agencies, the Government is now looking at other measures to ensure Ireland is not seen as a tax haven – we can only hope it’s not too late.“Ireland should continue to offer a competitive, efficient and fair tax system to international business. We should be conscious of our global responsibilities and ensure that no company is able to use Ireland in a scheme that contributes to damaging the tax generating abilities of developing nations. “In addition, we believe strongly that the tax levied on MNCs should be no more and no less fair than the tax levied on indigenous companies, who generally pay the headline rate of corporation tax and cannot use international tax planning to reduce, proportionately, their tax bills. Sinn Féin will continue to work to that end.” DOHERTY SLAMS GOVERNMENT OVER LOW TAXES FOR MEGA-RICH AMERICAN COMPANIES was last modified: July 25th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:american companiesDeputy Pearse DohertyloopholePresident Obamataxlast_img read more

Posey turns around 100-mile per hour heat, lifts Giants to comeback win over Rockies

first_imgDENVER — Even if some of his teammates confessed their doubts, Madison Bumgarner always expected to take the mound on Saturday at Coors Field.The Giants’ front office spent part of the week fielding calls regarding Bumgarner’s availability ahead of Wednesday’s 1 p.m. trade deadline, but Bumgarner said he never seriously considered the idea of wearing a different uniform.The Giants ace made his first post-trade deadline start Saturday against the Rockies, donning the same road grey uniform and …last_img read more

From page to canvas: Broken Monsters charity art show

first_imgSouth African author Lauren Beukes is helping to promote a culture of reading in South Africa. The proceeds from her latest charity art show are going to the children’s literary organisation, Book Dash. Pages from her book, Broken Monsters, were turned into creative designs and sold for R1 500 each. Pages of Lauren Beukes’ book Broken Monsters were turned into pieces of art to raise money for a children’s literary organisation, Book Dash. (Image: Supplied) Priya PitamberSouth African science fiction and fantasy writer Lauren Beukes has strong opinions about reading. “It should be available to everyone,” she wrote on her website.And Beukes is trying to do just that with her latest charity art show. Entitled Broken Monsters Charity Art Show, “proceeds will go to a kids literary non-governmental organisation, Book Dash with over a hundred stellar South African artists creating an original work on a page ripped out of my novel, Broken Monsters“.Beukes has partnered with curator Jacki Lang on the project, as well as chicken restaurant chain Nandos. Each unique art creation was sold for R1 500, only one per person, and the money will enable Book Dash to print books for children across South Africa, in the country’s major languages.“Reading is also about understanding the world and who we are in it,” she continued. “Stories allow us to live other lives, to spend time in someone else’s head, to feel empathy.”She recently gave a Tedx talk about stories being powerful, how they allow people to be more than they are, “allowing us to imagine other people and other lives”.With the charity show, she said a story was able to make a difference in reality, because every art work sold meant Book Dash could print 150 books for children who needed them. “It’s a story being turned into art being turned back into stories (and art) in the form of kid’s picture books,” Beukes mused.My @etchedvector @laurenbeukes @Book Dash fundraiser with #nandos pic.twitter.com/KXZw9rkmHA— Angel Kamp (@AngelKamp) November 14, 2015Group effortBeukes described Lang as an old friend, someone who always put together interesting art shows.Speaking of the collaboration on the Broken Monsters Charity Art Show, Beukes said: “She’d just returned from London and I wanted to go bigger and more ambitious with The Shining Girls Art Show because I’d had such success with a novel and I wanted to share the spotlight and use it to do some good in the world.”Book Dash did such good work because it created what she called “beautiful original South African picture books with amazing local artists and writers in several different languages that they distribute free through local literacy organisations and also free on their website for anyone to print out”, Beukes said.“They really care about the power of story to open doors in our heads and in the worlds and their dream is for every child to own 100 books of their own by the time they’re five years old.” Beukes said it tied in beautifully with the theme of her book. Find out more about Book Dash:As for Nando’s, Lang approached the chicken restaurant chain because it had already shown commitment to local art. “They are known for dipping their wings in playful and unusual marketing,” Beukes said. Artists created unique pieces of art for the Broken Monsters Charity Art Show. (Image: Supplied) Each piece of art was sold for R1 500 and all proceeds went to charity. (Image: Supplied)Not the firstBeukes has used her books previously for good causes.“The stuffed toy Moxy monsters raised R15 000 for a women’s project in Montagu, the Zoo City Art Bares raised R18 000 for the Suitcase Project in Hillbrow,” she explained.“We auctioned off a sloth scarf for Khulisa, which works with offenders and ex-offenders and we levelled up when I brought ace curator Jacki Lang on board and The Shining Girls Charity Art Show raised R100 000 for Rape Crisis.Broken MonstersWhen her novel Broken Monsters was published in 2014, there was talk about creating an art show for a children’s literary organisation. “But I was on a hectic international tour schedule, so the timing just didn’t work out,” Beukes recalled. “But we picked up on it this year.”She explained Broken Monsters was chosen because “it’s my novel and my passion project”.From Cape Town to JoburgThe first exhibition was held in Cape Town on 12 November; Beukes described it as “so great”. “I was blown away with the art – and the sheer range of styles and mediums and interpretations,” she said.Blown away by the talent and generosity of the artists who created original work to raise money for @Book Dash pic.twitter.com/LL238c0EJN— Lauren Beukes (@laurenbeukes) November 13, 2015The queue, she said, went around the block and the show raised over R200 000, double the amount raised during The Shining Girls show.Lang shared a similar sentiment. “I was so overwhelmed with the beautiful and generous responses from our artists,” she said. “They gave so much of their time, input, creativity and resources and each and every artwork was unique.”Lang said it was a magic recipe: artwork came from many sought-after artists and emerging talent; it was created specifically for the event; and it was for a great cause. “I am so grateful to everyone that came and everyone that took part.”Their collaboration shows in Joburg for the first time on 26 November and they have high hopes for it. “The work is all new work – in most cases our artists donated two pieces – one for Cape Town and one for Joburg – so it’s going to be a whole new show,” Lang said.The culture of reading“Reading statistics report that only 14% of the South African population are active book readers, and a mere 5% of parents read to their children and over half of South African households (51%) do not have a single leisure reading book,” said Rejoice Mabudafhasi, the deputy minister of arts and culture at the launch of National Book Week in September.“Hence we deemed it fit that we continue to strengthen our partnership with the South African Book Development Council as we instil a culture of reading, with a strong focus on promoting indigenous languages, local authors as well as library awareness and access,” Mabudafhasi said.It was through reading that South Africans would continue to ensure that their diversity and unique heritage united them as a nation. “Reading will take us on a journey to discover who are we as a people and embrace our diversity.”last_img read more

Resources from Investing for Your Future 2: Mutual Funds & Tax-Deferred Investments

first_imgThis post was originally published on the Military Families Learning Network blog on March 15, 2013. Dr. Barbara O’Neill shared a number of resources during Thursday’s Investing for Your Future 2: Mutual Funds & Tax-Deferred Investments webinar. To view a recording of this presentation, visit the event page. This presentation is part 2 in a two-part series. Resources were shared from part 1 here. If you have resources you use, please share them in the comments.Resources:Investing for your future, Rutgers About investments Managing risk Diversification:Beginners’ Guide to Asset Allocation, Diversification, and RebalancingThe Importance Of DiversificationDollar-Cost Averaging Advantages and disadvantages of mutual fundsWhat is a mutual fund? VIDEOHow mutual funds work VIDEOOpen and closed mutual fundsLoad vs. no load funds Back-end load fundsMutual fund expensesManaged funds vs. index fundsThe joy of index fundsInternet sites that provide current valuesYahoo FinanceMorningstarMarketWatchMutual fund companies’ Internet sitesT. Rowe PriceVanguardMutual fund prospectus An Introduction to Mutual FundsConsiderations about mutual fundsMutual fund record-keepingInvestment Education CenterMutual Funds Resource CenterInvestment Company InstituteFinish Rich (Author David Bach)ETF ResourcesSecurities and Exchange Commission InvestopediaeXtensionInvesting for Dummies book Investment Company InstituteWays to buy investmentsThe 4 Ways To Buy And Sell SecuritiesHow to Buy Stock Without a BrokerInvestment clubsJoining an Investment ClubBetterInvestingHow to find a financial advisorFinancial Planning Association (FPA) National Association of Personal Financial Advisors (NAPFA) Certified Financial Planner Board of Standards, Inc. FINRA Broker CheckCost of financial advice Taxable vs. tax-deferred investments calculator Salary reduction plans Annuitieshttp://www.actuarialfoundation.org/programs/investing.shtmlhttp://www.sec.gov/answers/annuity.htmhttp://www.moneychimp.com/calculator/annuity_calculator.htmImmediate annuities last_img read more